Cutting out luxuries will only scratch the surface for those trying to get a foothold in the Sydney property market. It is time to look to the outskirts of Sydney, or even Perth, says James Nihill of Patrick Leo.
The 20% deposit and stamp duty required to buy a house in Sydney is $158,933, based on new CoreLogic data. That's equivalent to 20 years' worth of smashed avo.
Rich-list developer Tim Gurner enters smashed avo debate
Successful developer, Tim Gurner, told 60 Minutes that young Australians can't expect to spend $40 a day on smashed avo and coffees if they want to buy their own home.
Ray White highlights Brisbane's affordability with smashed avo offer
Ray White is offering free smashed avo on toast for a year to the buyer of a $595,000 Sherwood townhouse, in a campaign that highlights just how affordable Brisbane is compared to other eastern state cities.